EUR/USD may rise to 1.1140 - 1.1275

Pivot

1.0775

Our preference

Long positions above 1.0775 with targets at 1.1140 & 1.1275 in extension.

Alternative scenario

Below 1.0775 look for further downside with 1.0670 & 1.0600 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1475

1.1275

1.1140

1.1030 Last

1.0775

1.0670

1.0600

Number of asterisks represents the strength of support and resistance levels.